The ratio is the thing to understand
I spent roughly two thirds of my 23-year career working for institutional sellers rather than individual homeowners: banks and credit unions, mortgage servicers and default servicing firms, funds and private equity owners, corporate owners disposing of real estate, and estates and trusts. Bank-owned and REO, corporate-owned and relocation inventory, investor-owned single assets and portfolios, and full asset management and disposition. Very few residential agents anywhere have done that volume of institutional work.
